5 Baths
9,854 SqFt
5 Baths
9,854 SqFt
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,854 sqft
Price per Sqft $131
MLS Listing ID 1646269
Full Baths 5
HOA Y/N No
Year Built 1870
Tax Year 25
Lot Size 2,613 Sqft
Acres 0.06
Source Maine Listings
Land Area 9854
Property Description
The residential portion includes **two 1-bedroom apartments, one 3-bedroom apartment, and a spacious 2-bedroom owner's unit overlooking Main Street**. The owner's unit can continue to serve as an owner-occupied residence or be converted into an additional income-producing rental, maximizing revenue potential.
The street-level commercial spaces are occupied by **Waterville House of Pizza** and **Soul Revival**, two established businesses that benefit from outstanding Main Street exposure and consistent traffic. The combination of residential and commercial tenants provides multiple income streams while helping reduce investment risk.
Ideally located near Colby College, downtown shopping, restaurants, healthcare, and major transportation routes, this property is well positioned to benefit from Waterville's continued growth and revitalization. Investors will appreciate the strong location, established tenancy, and opportunity for future rental income growth.
Whether you're adding to an investment portfolio, completing a 1031 exchange, or searching for a mixed-use property with proven income potential, this property deserves your attention. **Possible owner financing may be available to qualified buyers**, providing added flexibility for acquisition.
Opportunities to purchase a property offering **four residential rental units, two commercial spaces, diversified income, and a prime downtown location** are increasingly rare.
Location
State ME
County Kennebec
Zoning CA
Rooms
Basement Interior Entry, Walk-Out Access, Full
Interior
Interior Features Other
Heating Electric, Gas Bottled, Forced Air, Heat Pump, Hot Water
Cooling Central Air, Other, Heat Pump
Flooring Concrete, Other
Equipment Internet Access Available
Laundry Upper Level, Washer Hookup
Exterior
Parking Features No Driveway, 1 - 4 Spaces, Other Parking, Paved, On Street
View Scenic
Roof Type Membrane
Accessibility Other Accessibilities
Garage No
Building
Lot Description Business District, Intown, Near Shopping, Near Turnpike/Interstate, Near Town, Other, Level, Sidewalks, Near Public Transit
Story 2
Entry Level Multi-Level
Foundation Poured Concrete
Water Public
Architectural Style Other
Level or Stories 2
Others
Tax ID 145147mainstwaterville04910
Security Features Fire Sprinkler System
Acceptable Financing Owner May Carry
Listing Terms Owner May Carry
Special Listing Condition Standard
Nearby Locations
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